Deadline to file PMGKY declarations extended to May 10

New Delhi, April 21 (IANS) The government on Friday extended the date for filing declarations by black money holders about tax payment and deposits under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) till May 10, an official statement said.

“The Central Board of Direct Taxes (CBDT) has extended the date of filing of declaration under the PMGKY to May 10 in cases where tax, surcharge and penalty have been paid on or before March 31 and deposit under the Deposit Scheme has been made on or before April 30,” a Finance Ministry statement said.

“Representations from stakeholders have been received stating that in some cases tax, surcharge and penalty have been paid on or before March 31, 2017 but the corresponding deposit under the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 (PMGKDS) could not be made by the said date,” it said.